Harden Technologies (Harden Technologies) Change In Inventory : $3.00 Mil (TTM As of Jun. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Harden Technologies Change In Inventory?

Harden Technologies's change in inventory for the quarter that ended in Jun. 2023 was $0.06 Mil. It means Harden Technologies's inventory declined by $0.06 Mil from Dec. 2022 to Jun. 2023 .

Harden Technologies's change in inventory for the fiscal year that ended in Dec. 2022 was $0.32 Mil. It means Harden Technologies's inventory declined by $0.32 Mil from Dec. 2021 to Dec. 2022 .

Harden Technologies's Total Inventories for the quarter that ended in Jun. 2023 was $7.17 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harden Technologies's Days Inventory for the quarter that ended in Jun. 2023 was 146.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Harden Technologies's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.25.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Harden Technologies's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.55.

Harden Technologies Change In Inventory Historical Data

The historical data trend for Harden Technologies's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harden Technologies Change In Inventory Chart

Harden Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Change In Inventory

-3.05

1.07

0.32

Harden Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Inventory	Get a 7-Day Free Trial			-0.84	1.91	-2.62	2.94	0.06

Harden Technologies Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.00 Mil.

Harden Technologies (BATS:HAHA) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Harden Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.3865	/	9.203	*	365 / 2
	=	146.48

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Harden Technologies's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.203	/	7.3865
	=	1.25

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Harden Technologies's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.3865	/	13.503
	=	0.55

Harden Technologies Change In Inventory Related Terms

Thank you for viewing the detailed overview of Harden Technologies's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Harden Technologies (Harden Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harden Technologies Inc (BATS:HAHA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400

Website

https://www.siruide.com

Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

Harden Technologies (Harden Technologies) Headlines

No Headlines